plus make the rates apply to each band rather than the whole like income tax.

Can you imagine the uproar if income tax had the same policy? It’s ridiculous, and the upshot of it is that ‘normal’ (ie. not rich) people, with an average size home, a couple of kids and two incomes end up having to pay a 5 figure tax bill just to move house, which obviously stops a lot of people moving as many don’t have 10k+ just sitting around in a bank acct doing nothing but waiting to be handed over to the taxman.

As I started this thread,could everybody who uses it bung me a fiver for marketing your views and opinions. email in profile.

This is why stamp duty bands are not being changed.
Gideon has missed his deficit reduction target by c 50% with an election next year and economic growth slowing. Even more reason to try and find alternative sources of tax revenue…